The Physician's Guide to Investing

The Physician's Guide to Investing : A Practical Approach to Building Wealth

2.8 (10 ratings by Goodreads)
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Description

I met Bob Doroghazi when he dropped the first draft of his manuscript of The Physician's Guide to Investing: A Practical Approach to Building Wealth at my office. I will have to admit I was a bit skeptical: a physician writing a book on investments? During that first meeting with Bob, it became evident that he had been a successful physician and a successful investor, so I agreed to take a look at the book. I was in for a pleasant surprise. Bob's manuscript was easy to read and had specific advice useful to physicians, interspersed with lots of practical tidbits for any investor. Having written three college-level finance and investment texts, I was excited to be in on a project aimed at offering practical investment advice to a more general, yet specialized, audience. I had high expectations for the book and am pleased to say that I believe Bob has delivered a book that every physician interested in building wealth and protecting assets should read. Bob is a straight shooter; he tells it like he sees it in his book. Some doctors might be indignant on reading his statements, such as "Physicians sometimes have no idea of their limitations. This type of arrogance and ego can result in investing disaster." However, if you do have these limitations (and most professionals, even college professors, do), then reading Bob's book will help you recognize situations in which they can lead to poor investment decisions.show more

Product details

  • Hardback | 228 pages
  • 162.6 x 236.2 x 20.3mm | 816.48g
  • Humana Press Inc.
  • Totowa, NJ, United States
  • English
  • biography
  • 1588297233
  • 9781588297235

Review quote

From the reviews: "You've really done a first-class job of telling your fellow doctors what to do in their financial life. In fact, your book should be required reading at med schools... I just wanted to let you know that you have done a real service for your fellow physicians." --- Warren E. Buffett, in a letter to Robert M. Doroghazi, MD "I strongly recommend it to anyone interested in preserving and growing a dollar bill." --- William Clifford Roberts, MD, The American Journal of Cardiology From the Consulting Editor's Preface... "...Bob has delivered a book that every physician interested in building wealth and protecting assets should read." -Dan W. French, PhD "The Physician's Guide to investing contains practical information for real-world application. Dr. Robert Doroghazi has constructed an investing guide that is easy to understand and is written in a very direct and concise manner." (AuntMinnie.com, February, 2006) "Dr Doroghazi is a credentialed clinician ... and a gifted writer addressing a crucial issue on the finances of physicians. ... The bulleted summaries at the end of each chapter that emphasize the 'teaching points' are an especially appealing aspect of the book. ... Recommended Readership: Internists, general practitioners, and all other physicians." (Edward T. Creagan, Mayo Clinic Proceedings, Vol. 81 (5), May, 2006)show more

Table of contents

Part I. On Track With Your Financial Goals Goals for Your Investment Return The Magnificence of Compound Interest Part II. Avoid Being Diverted From Your Financial Goals Arrogance, Ego, and Greed The Mark It's Not Much, I Can Afford to Lose It Part III. Principles For Achieving Your Financial Goals Define Specific Goals Thrift Invest in What You Know Make Your Own Investment Decisions Documents Required for Financial Security The Importance of Relationships: Goodwill, Friendship, and Reciprocity Part IV. Attaining Specific Goals Paying Daily Bills Your Home Funding Your Children's Education Insurance Funding Retirement Part V. Pitfalls in the Quest For Your Financial Goals Who Can You Trust? The Malevolence of Debt The Perniciousness of Fees Tips: Real Opportunities or Useless Information Areas Where Caution is Essential or That Should be Completely Avoided Yes or No Dealing With Bankers Part VI. Investing in Specific Assets Asset Allocation and Diversification How to Identify Real Investment Opportunities When to Buy When to Sell Stocks, Bonds, and Mutual Funds Real Estate Other Than Your Home Other Types of Investments Part VII. More Tips for Realizing Your Financial Goals Obtaining Investment Information Investment Strategies of the Pros Some Miscellaneous Tidbits of Advice Summary Indexshow more

Rating details

10 ratings
2.8 out of 5 stars
5 0% (0)
4 30% (3)
3 30% (3)
2 30% (3)
1 10% (1)
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